A Shocking ILearning Global Review! - iLearning Great, MLM Is Not

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) October 2, 2009 -- iLearning Global Review - A new company has recently launched in the MLM industry called iLearning Global. Is iLearning Global another get rich quick scheme or is it a legitimate home based business opportunity? This review will determine if true residual income can be created with this new opportunity.

iLearning Global Product Review - According to Brian Tracy, top MLM guru and coach, iLearning Global is a premium online learning resource for all internet entrepreneurs, online business owners, and network marketers. This company allegedly has the largest online learning library of high quality HD videos, archive videos, audio & ebooks, with 24-7 access. Live training from top speakers, authors & trainers in all categories of business, personal development, relationships and finance are also part of iLearning Global's product.

iLearning Global Opportunity Review - The compensation is a 5x10 Matrix based on recruiting 5 people initially. For every person or small business that you enroll in the Monthly Ultimate Package, you will earn $50 per month, which is $600 per year. When you enroll your 5, you will earn $250 in monthly commissions, which pays for your membership, and will add up to $3,000 in yearly commissions. There are also fast start bonuses (as every MLM has because of attrition). Also, if you enroll 500 people yourself, and they pay their monthly fees and continue to be paying members ($250 per month), you will earn $300,000 a year.

This iLearning Global review will make one thing clear. Enrolling 500 paying members is extremely difficult, unless you are a network marketing guru that carries over your downline from company to company. iLearning global leaders teach their members to write down a list of family and friends who can benefit from this type of product, and to invite them to a conference call, a live business presentation or 3 way call with one of the leaders. This type of marketing is primitive and simply does not work anymore.

Although personal development and coaching is at an all time high right now, it is not the most sought after product in our industry. The product that most network marketers are yearning for is to develop a skill in internet marketing and lead generation. Personal development can be attained by reading books, listening to free audio downloads and podcasts, and attending seminars and conferences from time to time.

If they fail to provide their distributors with internet marketing training for their opportunity, they will fail because of a poor retention rate of members within the company. Based on my extensive experience in the industry, 97% FAIL MLM and stop paying the required monthly fee if the opportunity is not producing the member's expected results. That means iLearning Global will have to provide distributors with a powerful and effective lead generation marketing system, auto responders to market their prospects, internet marketing tools and strategies, and training modules, besides the leadership development they claim to provide in order to achieve profitable results. This review points out the key factors to their success, but will they separate themselves from the competition remains to be seen.

More information can be found online at http://MLMCollapse.com

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